Investment Reports
Get to know the rationale behind great ideas for you to make sound long term investment decisions.
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Result Update:Bajaj Auto
Result Update:Bajaj Auto27 Jan 2023
Stocks covered (1)
We value the stock at 15x (from 16x earlier on lower exports outlook) its FY’25E core EPS (Rs 3,864/share) and add Rs 306/share for the company’s stake in PMAG to arrive at our TP of Rs 4,170/share (from Rs 4,000/share earlier). The TP implies an upside potential of 12% from the CMP. -
Daily Fundamental View:27 January 2023
Daily Fundamental View:27 January 202327 Jan 2023
Asian shares were trading mixed following positive close on Wall Street overnight while investors also took note of data that showed that Tokyo’s core consumer prices rose 4.3%, faster than estimates. Nikkei was trading lower by 0.07%, Hang Seng was trading higher by 0.48% while Shanghai is shut f..See Full Description -
Result Update:Dr Reddys Labs
Result Update:Dr Reddys Labs27 Jan 2023
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Result Update:Maruti Suzuki
Result Update:Maruti Suzuki25 Jan 2023
Stocks covered (1)
Strong order book, focus on SUVs, and expected increase in sales realisation to drive growth. We maintain our BUY rating on the stock. -
Result Update:Zensar Tech.
Result Update:Zensar Tech.25 Jan 2023
Stocks covered (1)
Given the company’s strong recovery potential backed by strong deal wins and improved client engagement, we maintain our BUY recommendation on the stock -
Result Update:TVS Motor Co.
Result Update:TVS Motor Co.25 Jan 2023
Stocks covered (1)
We continue to maintain BUY rating on the stock based on richer product mix (3W, premium bikes and scaling up of EV product portfolio) and strong execution capabilities which shall aid margin improvement. -
Result Update:Colgate-Palmoliv
Result Update:Colgate-Palmoliv25 Jan 2023
Stocks covered (1)
With a limited upside potential from the CMP, we ascribe a HOLD rating on the stock.